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Ask HN: Let's all sell our AI stocks, short Nvidia and pop the AI bubble
Humans are better than AI.
- dieselgate 2mo ago> Humans are better than AI. Sure. > sell our AI stocks... and pop the AI bubble Not sure it works that way, unfortunately. e.g. index funds
- JoshTriplett 2mo agoStanding reminder: The market can remain irrational longer than you can remain solvent.
- roschdal 2mo agoMy intuition tells me I am right about this one.
- bigyabai 2mo agoYour intuition has been telling you this same thing for years, now: https://news.ycombinator.com/item?id=45530497 https://news.ycombinator.com/item?id=45530497 https://news.ycombinator.com/item?id=44203174 https://news.ycombinator.com/item?id=44203174 https://news.ycombinator.com/item?id=41093016 https://news.ycombinator.com/item?id=41093016 If you shorted Nvidia back when you started complaining, you would not be any richer or better-off today. I'm not an AI maxi, but you've let your own emotions poison your understanding of the AI market segment.
- tanseydavid 2mo agoAnother standing reminder: LONG position: potential losses (FIXED), potential gains (INFINITE) SHORT position: potential losses (INFINITE), potential gains (FIXED)
- toomuchtodo 2mo agoGrab a coffee with Leopold Aschenbrenner, ask how their experience with intuition went. You must be right, on time, and with sufficient capital behind you to win.
- lesuorac 2mo agoArguable he had all 3. He was right about the market going up for AI, he was right about the years, and he had double-digit billions behind him. It's just there's no sufficient capital when you decide to re-leverage to 4x every time you can.
- toomuchtodo 2mo agoHe was too early.
- __patchbit__ 2mo agoRoutes. Resources. AI. Accelerated Infrastructure. What is there to not like?
- roschdal 2mo agoI don't like the AI datacenters, Sam Altman and Claude slop.
- VirusNewbie 2mo agowhy do you like normal data centers but not "AI data centers"? What do you think the difference is? When does a normal data center turn into an AI data center?
- roschdal 2mo agoSee butlerian jihad: https://dune.fandom.com/wiki/Butlerian_Jihad https://dune.fandom.com/wiki/Butlerian_Jihad
- bigyabai 2mo agoShorting Nvidia this late into the game would just reward the people going long on the stock, perpetuating the bubble with your own hubris.
- roschdal 2mo agoNvidia P/E ratio 34.47. should be 10.
- bigyabai 2mo agoIt can get even higher.
- roschdal 2mo agoI can remain irrational far longer than AI stocks can pollute nature, pillage earth and cause drought and heat related fires. Today is the Terminator AI moment.
- bigyabai 2mo ago> I can remain irrational far longer than AI stocks can pollute nature AI, pollution, eminent domain and global warming will all outlast you. > Today is the Terminator AI moment. Try mid 1990s, the earliest deployment of autonomous-kill weapons like the Patriot System and CBU-97 SFW.
- FergusArgyll 2mo agoAt least AI is not depressed all the time and trying to make everyone lose their money
- roschdal 2mo agoFalse
- deleted 2mo ago[deleted]
- roschdal 2mo agothe AI emperor is naked.
- dmvjs 2mo agoyou first
- 1attice 2mo agoAI is a generational attack on working people everywhere by the capitalized class. It has earned our animosity, especially if the attack looks like it will actually go through. And, ironically, I don't think the capitalized even understand that they are building a giant guillotine for themselves, as if the buildout billions are well-spent, there would necessarily be a communist revolution, and it would be bloody. No one eats safely around the starving. Without a horse in this race, I'm fascinated to see which the market chooses: machine-god + self-annihilation, or humiliation + bankruptcy. Either way, there is nothing like the present configuration on the other side. Its a political, not technological, singularity.
- roschdal 2mo agoYes, exactly, I agree.
- gaws 2mo agoNot your personal army.
- roschdal 2mo agoIt's nowhere near what is talked about here.
- RoundingError1 2mo agoIt wouldn't do much more than drive down their stock prices. If you really want to pop the AI bubble, everyone would have to stop spending on AI-related subscriptions. The equity these companies already raised is done, that money has changed hands..the real lever is the debt that is/was used to fund them now. If the interest on that debt can't be paid, and/or the principal returned at maturity, and/or various debt covenants are broken...that's how this really ends. The first step for a company to be able to solve the first two problems, and avoid the last one, is revenue..without it, every below it goes unpaid.